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Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
dm.gov.ae. Dubai[a] is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai, the most populated of the country's seven emirates. [7][8][9] The city has a population of around 3.6 million (as of 2022), [10] more than 90% of which are expatriates. [11] Dubai was founded in the 19th century as a fishing village.
The United Arab Emirates is a federal constitutional monarchy made up from a federation of seven hereditary tribal monarchy-styled political units called Sheikhdoms. It is governed by a Federal Supreme Council made up of the ruling Sheikhs of Abu Dhabi, Ajman, Fujairah, Sharjah, Dubai, Ras Al Khaimah and Umm Al Quwain.
March 1992. Headquarters. Dubai. The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and ...
The city of Dubai is the second most prosperous emirate of the United Arab Emirates, after Abu Dhabi, and with a cosmopolitan population of 1.6 million. Dubai shares a range of characteristics with other tiger economies including a sustained double-digit GDP growth rate since 1994. In 2004 Dubai's GDP grew 17%, mostly in the non-oil sectors. [1]
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